They raised $14,000. The lottery's already at 14,000 tickets in my group chat.

Gen Z Nonprofit Aims to Give Away Free Permanent Housing on a Lottery Basis — to Anyone Interested

Kristian Ventura, 26, and high-school friends co-founded Actum, a Los Angeles nonprofit that launched this year and plans to give away free permanent housing through a lottery open to anyone. Its IRS eligibility rules require that at least 75% of units go to applicants earning 80% or less of their area's median income, and the rest may go to anyone above it. Actum follows an endowment model, funneling donations into an investment fund, and posts every transaction on a public transparency dashboard. It has raised about $14,000 toward a $1 million goal to buy its first building.

Source: Gen Z Nonprofit Aims to Give Away Free Permanent Housing on a Lottery Basis — to Anyone Interested — Nice News

Watch: the original footage ↗

A daily AI-made news meme from Jester · Oct 12, 2026.